Archive for the ‘Stewart-Peterson’ Category

What’s Up With Grain Prices?

November 19, 2014 — The rally in corn and soybean prices may have caught a lot of producers by surprise. With record crops this year, the talk among producers was sub $3.00 corn prices and $7-8.00 beans. Bob Devenport, dairy analyst with Stewart-Peterson, Inc. joined us on Wednesday’s DairyLine to discuss:

Jay Gordon Wa St. Dairy Fed.




What’s the Buzz on Feed?

October 15, 2014 — Feed prices have been very favorable for dairy producers as of late, and very welcome since feeding dairy cows is a major cost in any operation. But where are they heading? Stewart Peterson Inc.’s Mike Rusch tells us the latest buzz in this month’s installment of “At the Corner of Strategy and Discipline.”


Doing the Math on Margin Protection

September 17, 2014 — Dairy analyst Bob Devenport with Stewart-Peterson, Inc. , joined us on today’s DairyLine to share more information about the new Margin Protection Program. Listen to the full interview here:


Prepare For Future with MPP Safety Net

September 16, 2014 – Dairy producers across the country are researching and contemplating whether the new Margin Protection Program is right for their business. We asked Stewart Peterson’s Bob Devenport why producers would want to enroll in the program when margins for feed and milk are the best they have ever been this year.


Grab Opportunity, Prepare For Uncertainty

August 20, 2014 — Today on DairyLine we head to the corner of Strategy & Discipline and visit with Scott Stewart, CEO of Stewart-Peterson, Inc. He tells us the good news for dairyStrategyDiscipline producers, and it’s not all about the milk price. Cattle and Feed prices are also looking good for producers. Stewart explains how to take advantage of good prices now, which can help create a financial cushion when milk prices drop and feed prices rise.

Don’t ‘Set and Forget’

July 16, 2014  — Our guest today is Mike Rusch of Stewart-Peterson, Inc., who says producers  shouldn’t “set and forget” when locking in a price. As an example, there were producers who locked in what they thought was a good margin late last year only to see milk prices rise, and then they regretted it. Rusch elaborates in this months “At the Corner of Strategy and Discipline” podcast:


Be Aware of Possible Protein Price Scenarios

June 25, 2014 — With all eyes on the milk prices lately, it seems equally important to review protein prices. With no real good substitute for soymeal or canola meal, farmers need to purchase it. What is happening in the protein market currently? Senior market analyst Matt Mattke of Stewart-Peterson, Inc. joined us on today’s DairyLine to discuss:

July soybean meal future contracts have climbed from a low of about $390 per ton to $508 per ton. That’s only $46 per ton less than the 2012 high when prices peaked due to drought conditions.

Soybean export commitments, as of week 31, are running about 4.8 percent ahead of 2012-13. That’s following a year where commitments were up 27.3 percent from 2011-12. At this point in the marketing year, total export commitments have never been this high.

Why is there so much interest in soybean meal this year? Three possible reasons are:

  • Freight and logistics advantages in the U.S.
  • Another is stability. Uncertainty and risk of port strikes in South America make the U.S. a more reliable source of product.

    Matt Mattke Stewart-Peterson, Inc.

    Matt Mattke Stewart-Peterson, Inc.

  • Plus, there’s always the argument U.S. meal is of higher quality and consistency.

What do you think might next for soybeans prices?  Where to from here?

We always encourage producers to review possible scenarios in preparation for the coming months, especially with weather always playing a factor in the summer. A first possible scenario is if we have good weather, the price of soybean meal could fall to around $304.

A second is if we have poor weather, the price could rally up to $600.

And, a third is a change in demand for protein could be trigged by a sharp increase in the value of the U.S. Dollar. This could send the price to the 2008 low of $235.

Of course there are even more scenarios to consider as time progresses. The point is to be prepared and not let good milk-feed margins prevent you from thinking about what could happen tomorrow.

If you’d like to hear Matt Mattke’s interview in its entirety, or previous “At the Corner of Strategy and Discipline” podcasts, please visit and click on the News and Events tab on the home page. And, you can read Matt’s column on this topic in DairyBusiness East this month.

Is the Party Over?

May 21, 2014 — You never know when the party might end. In this case we are referring to high milk prices and low feed StrategyDisciplinecosts. It’s always a good time to head to the corner of Strategy and Discipline and check in with Scott Stewart of Stewart-Peterson, Inc.


Don’t Quit, Reprise

March 19, 2014 — We’re happy to have Patrick Patton back as our guest this month, who revisits a topic from last year about sticking with management of milk prices when the market

Patrick Patton Stewart-Peterson

Patrick Patton

looks really favorable. Now that the outlook for both milk and feed prices is even better since then, how are dairy producers reacting? We head to the “Corner of Strategy and Discipline” for this month’s podcast with Patrick:


New Margin Insurance Program Just One Piece of Risk Management

Patrick Patton Stewart-Peterson

Patrick Patton

February 19, 2014 — With so much talk surrounding the Farm Bill, we felt it necessary to ask an expert about how the new Bill might affect commodity price management. So we went to ‘The Corner of Strategy and Discipline” to hear from Patrick Patton, director of client services at Stewart-Peterson, Inc. He explains how the new margin insurance program can be used with current risk management tools in this podcast: